Austrian Airlines secures USD 680 million in bailout funds

Austrian Airlines secures USD 680 million in bailout funds

Austrian Airlines has secured a EUR 600 million (USD 680.53 million) rescue package from the national government and owner Lufthansa Group. The carrier said the financial assistance was designed to support efforts to sustainably safeguard Vienna as an aviation hub in the long term. According to the Austrian economic chambers, EUR 2.7 billion (USD 3.06 […]

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